Biden calls Pelosi 'most consequential' House speaker in history

President Biden on Thursday is hailing House Speaker Nancy Pelosi as the "most consequential" individual to ever hold the position in American history, saying she has bettered the "lives of millions and millions of Americans." 

Biden offered the praise just minutes after Pelosi announced she will not seek re-election as leader of the House Democratic Conference after nearly 20 years at the helm. Pelosi said she plans to remain in Congress.

"History will note she is the most consequential Speaker of the House of Representatives in our history," Biden said in a statement. "There are countless examples of how she embodies the obligation of elected officials to uphold their oath to God and country to ensure our democracy delivers and remains a beacon to the world." 

Biden said in 2007, Pelosi "made history as the first woman Speaker, but that was just the beginning of the history she has made during her four terms.